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Motion for Sanctions Filed Against Pioneer and Exxon in $500M Permian Basin Lease Case – Hearing Set for Friday

Summary by OklahomaMinerals.com
A key hearing is set for this Friday in Big Spring, Texas, in a legal battle that could have wide-reaching implications for the Permian Basin’s leasing and reporting practices. The case, initially filed by Pioneer Natural Resources and now inherited by ExxonMobil following its acquisition, involves a $500 million tortious interference claim against Texas-based Pony Oil. At the heart of it is a contested top lease located just miles from the Midl…
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OklahomaMinerals.com broke the news in on Thursday, June 19, 2025.
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